US' demonizing of Chinese FDI a shot in the foot

There will likely be a sharp decline in Chinese foreign direct investment in the United States in 2017, partly as a result of China's tighter control of capital outflow, but also because the US government and lawmakers increasingly view Chinese FDI through the lens of geopolitics.

That was a message from two reports on Chinese FDI in the US released by the National Committee on US-China Relations and the Rhodium Group.

The fact that Eric Chewning, US deputy assistant secretary of defense for manufacturing and industrial base policy, was the keynote speaker at the Tuesday meeting in Washington to launch the reports is both surprising and telling.